Dutch semiconductor equipment maker ASML reported a record net profit of €9.6 billion ($11.5 billion) for 2025, driven by surging demand for AI-related chips. The company also announced plans to cut approximately 1,700 jobs, or 4% of its workforce, to streamline operations.
Revenue reached €32.7 billion, fueled by strong orders from chipmakers investing in capacity for artificial intelligence. CEO Christophe Fouquet cited “more robust expectations of the sustainability of AI-related demand” as a key factor behind the record order intake.
The job cuts will primarily affect ASML's technology and IT departments, as the company aims to sharpen its focus on engineering and innovation. In a message to employees, ASML said it was “choosing to make these changes at a moment of strength” to improve processes and systems.
The record results come despite Dutch export restrictions on ASML's advanced chipmaking machines, which can be used for military applications. The measures, part of a US-led policy to limit China's access to such technology, have not dampened overall demand.
Looking ahead, ASML expects 2026 to be “another growth year,” driven by sales of its extreme ultraviolet lithography systems, which are critical for producing the most advanced semiconductors.
